I cannot predict the bottom, as we cannot stop people giving up their share for free, Huaan fair share value is still 0.80 by end of March. Today market is a reaction of Powel comments and possible steel import tarif to US. Huaan show resilient and his share is holding good, we shall wait untill these news are digested by the big investors. Up to now, non of Huaan big investors or institution have sold his share. No announcement made. Opperators must be very happy to collect cheap share and taking advantage of the situation. This is part of the share trading methodology..which is healthy in the long run.
DJ leadership in global stock exchanges is undeniable. No country has the mettle to challenge its position. How true, when it sneezes, everyone gets the flu.
Trends analysis showed that there are some retailers selling off, which explained the reason for sideways or downward trading in the last few days, while it is still well supported by bankers. However, it does seem to notice that the volume is declining, which suggest that sellers are dwindling. Once the sell-off from retailers is done, this could set the stage for the next potential breakout soon. Watch out!
Beware, US market is down 450 points due to potential trade war over steel and aluminum. The White House wants to put import tax on these items. This may affect Huaan since the coke that Huaan makes is used to make steel in China. My 2cebts worth. Better to wait for market stabilize
Those who queu to buy at very low, they risk to miss the boat, as every day they lower their target to buy..huaan opperator is trying to send a clear message, either your in or out..
Hibiscus last year, a month befor he rise from 0.405 to 0.705, he was faling from 0.515 to 0.385, on Sept 20 2017, he rose 30c in one day, just like that, no news, no hint. One day befor he rose the trading volume was only 2.5 milions....
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
2centsense
1,196 posts
Posted by 2centsense > 2018-03-02 10:36 | Report Abuse
like he did with North Kotra KIm, a lot of hot air.